One reason income is no longer functional is the benchmarks we have used to measure them have been tinkered with, starting in about 1980. If you use the current U.S. CPI to measure how far you are ahead or behind, guess what? The economies are broken all over the world. Today we are watching to see if Greece will break first. It is not just uber rich, but the governments as well. The rich know how to game the system and the politicians go along with the game, not many are vocal about this, and seem to be either ignorant of or complicit in the deception.
---In FairfieldLife@yahoogroups.com, <noozguru@...> wrote : The real question would be how functional is your income? How does it compare to 20 years ago? Are you slowly and stealthily being pushed into austerity? The other day I heard someone exclaim "the economy is great again!" I had half a notion to ask where they got that information. They must have one of those gigs in the government that is paying well.... for now. Fact is many people don't have enough savings to get themselves out of a fix if an emergency occurs. People who could and want to work until they are much older can't get work even though they have tremendous experience. Young folks come out of college with degrees but training that is mainly theoretical but worse yet a huge college debt and too high of expectations. In reality the economy is broken. Raided by the uber rich with their big banks. It really is time for a global revolution and that doesn't mean a "new world order."
